According to recent and largely untested theories, unemployment benefits (UBs) could improve the extent and quality of … job reallocation even at the cost of increasing unemployment. Using yearly panel data from a large number of countries, we … evaluate empirically the relationship between unemployment benefits and structural change. Unlike previous work assessing the …

positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …

protection, unemployment insurancebenefits and minimum income support, working time flexibility and wage setting played acrucial … role in determining to what extent the economic crisis led to higher unemployment,wage cuts or income losses and rising …

´s institutional response to the increase in unemployment and poverty triggered by the crisis. The program provided a social safety net …

A duration model based on the time on Unemployment Insurance (UI) benefits instead of amodel based on the time till re …

In this paper, we review the literature on the “spike” in unemployment exit rates aroundbenefit exhaustion, and present … new evidence based on administrative data for a largesample of job losers in Austria. We find that the way unemployment …

This paper studies optimal unemployment benefit levels and optimal proportional income taxrates over the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates overthe business cycle. In this paper, we develop an … equilibrium search and matching model withrisk-averse workers and two states, namely, a good and a bad state. The model …